What Evidence Is Necessary to Prove That a Security or Investment Is Defective? - Transcript

Ly when you have a defective Securities case the communications with the broker are important but not as important as the communications internally at the broker dealer and you would be surprised at some of the emails and the models uh the running of the models when you look at it you really need the sort of the risk Department’s emails the structuring Departments emails the investment banking departments emails so internal emails you would not get in a typical Securities case because this involves the structuring and creation of the product you know in a typical Securities case you’re talking about a traded security there’s a company involved on the stock exchange you could look at their finances a lot of these are new companies without a track record and you’re investing more in an idea and a strategy than you are in a company.